Queensland Country BankSpecialised Variable I.O.
Our Specialised Residential Loans are designed for purchase of residential property in company and company trustee entities, offering the flexibility and structure required to support tax-effective strategies and asset protection goals.
At a glance
- Variable
- 6.49%
- Loan size
- $10,000 to no maximum
- Upfront fee
- $50
How it compares
This business loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
| Rate | This business loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 6.49% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 2nd lowest of 47, level with one other |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 6.49% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 2nd lowest of 47, level with one other |
Rates
Every rate Queensland Country Bank publishes for this business loan, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableSpecialised Residential Loan - Variable IO Special. Available for lending up to 80% LVR. May be withdrawn at any time before a loan contract is entered into. | Interest only | - | - | 6.49% | - | - |
| VariableSpecialised Residential Loan - Standard Variable IO. Available for lending up to 80% LVR. | Interest only | - | - | 9.34% | - | - |
Fees
9 fees published, grouped by when they're charged.
- When you take it outUp to $1502 fees, each listed below
- While you hold it$450 a yearSpecialised Loan Fee
- When you close it or pay it offNo fee published
When you take it out2
- Guarantee Document Fee
Document Fee - Guarantee (charged when the Bank is required to prepare a guarantee to secure the amount of credit)
$150 - Val Fee - PropertyHub$50
While you hold it1
- Specialised Loan Fee
Annual fee charged on loan funding and annually on anniversary of the commencement date. If multiple loans are held, member can nominate applicable loan to be charged. Another eligibility criteria exists as described in the additionalInfo field
$450 a year
When particular things happen5
- Arrears Letter - Default Notice prior to Enforcement$70
- Arrears Letter - Second Arrears Letter$40
- In Branch Redraw Fee
Payable when redraw request is fulfilled.
$8 - Mortgage Settlement Fee
Payable on payout of your mortgage loan to prepare the release of mortgage - waived if paid out due to sale or with own funds
$450 - Online Redraw Fee
$0 Redraw Fee Applies for Online Transactions
No fee
Other fees1
- Company Search Fee
Price on Application
Varies
Features
- No establishment fee or mortgage documentation fee for any Specialised Residential Loan under the same entity.
- Split Loan Available. Multiple loans with differing interest structures are available under the one Specialised Loan Fee
Eligibility and limits
- Available to businesses
- Amount from $10,000, no maximum
- Maximum LVR 80%
- Available for construction purposed to approved applicants for a maximum 24 month term.
Compare it with others
Put this product through a calculator
Published by Queensland Country Bank under the Consumer Data Right, last changed by them on 15 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.